Prelimsverse: Significance of Wetlands
They are referred to as the “Earth’s kidneys” as it filters the pollutants thus maintaining and improving the quality of the water.
Prelimsverse: Significance of Wetlands Read More »
They are referred to as the “Earth’s kidneys” as it filters the pollutants thus maintaining and improving the quality of the water.
Prelimsverse: Significance of Wetlands Read More »
Standby Credit Facility, Stand-By Arrangement (SBA), Rapid Financing Instrument (RFI), Extended Fund Facility (EFF) and Rapid Credit Facility (RCF).
Prelimsverse: Provisions of lending by the International monetary fund (IMF) Read More »
The Taxation Laws (Amendment) Bill, 2021 seeks to withdraw tax demands made using a 2012 retrospective legislation to tax the indirect transfer of Indian assets.
Prelimsverse: Indian Government withdraws retrospective tax law on “Indirect Transfers” Read More »
There are three sectors of domestic economy: General government sector, Real sector, Financial Sector.
Prelimsverse: Meaning of “Real Sector” in the economy simplified! Read More »
The rules will be applicable to all electronic retailers (e-tailers), registered in India or abroad but offering goods and services to Indian consumers.
Prelimsverse: Consumer Protection (E-Commerce) Rules, 2020 Read More »
Inflation-indexed bonds give returns that are more than the rate of inflation, ensuring that price rise does not erode the value of investors’ savings.
Prelimsverse: Concept of Inflation-indexed Bonds simplified! Read More »
Inflation measures the average price change in a basket of commodities and services over time. Inflation refers to the rise in the prices of most goods and services of daily or common use, such as food, clothing, housing, recreation, transport, consumer staples, etc. Inflation is indicative of the decrease in the purchasing power of a
Prelimsverse: Concept of Inflation simplified! Read More »
The nominal effective exchange rate (NEER) and the real effective exchange rate (REER) are both indicators of a nation’s competitiveness in relation to its trading partners.
Non-fungible tokens (NFTs) are cryptographic assets on a blockchain with unique identification codes and metadata that distinguish them from each other.
Prelimsverse: The Concept of Non-Fungible Token (NFT) simplified! Read More »
The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934.
Prelimsverse: Learn all about RBI, its establishment, roles and functions. Read More »